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Strategies & Market Trends : Tech Stock Options

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To: ViperChick Secret Agent 006.9 who wrote (40348)4/20/1998 2:34:00 AM
From: Dwight E. Karlsen  Read Replies (1) of 58727
 
Sure, Lisa.

Here's the first rating on the 16th:
biz.yahoo.com

Thursday April 16, 3:54 pm Eastern Time

Company Press Release

Key West Issues Severely Overbought Rating

HURST, Texas--(BUSINESS WIRE)--April 16, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, ''Although KTEL has announced plans to offer their products via the Internet, this hardly supports an increase of 300% in market capitalization. When the hysteria dies down and the volume dries up, the stock should settle to a more appropriate range between $5 and $7. This could happen very quickly based on earning and book value.''

Key West is a Market Maker and currently holds a position consistent with the above rating.
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Here's the reversal on the 17th:
biz.yahoo.com

Friday April 17, 11:12 am Eastern Time

Company Press Release

Key West Reverses Rating

HURST, Texas--(BUSINESS WIRE)--April 17, 1998--Anthony Elgindy, Chief Analyst of Key West, stated today, ''We have decided that we should reverse our position based entirely on the market's evaluations of KTEL's competitors on KTEL shares and we believe that, although this sector is overbought, KTEL shares represent the best value of all the competitors. We believe that KTEL shares could actually trade in the $30 to $50 range and still remain a good value for long-term holders. We now rate KTEL as a BUY on market dips.''
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